Where are you in your quest for HODL'ing $SYNTH, anon? 🤔
🐳 Whale = Moar than 50K
🦈 Shark = 10K - 50K
🐙 Octopus = 5K - 10K
🐟 Fish = 1K - 5K
🦐 Shrimp = Less than 1K
Few words about @synthr_io
SYNTHR has an omnichain global debt pool, which enables the creation of omnichain synthetic assets and also handles multi-chain liquidations.
Omnichain synthetic assets are backed by distributed collateral across multiple chains.
This creates a zero-slippage omnichain transaction environment.
SYNTHR uses a mix of collateral types, multiple GMPs, and a combination of oracles.
These things further increases its capital-efficiency and security.
Synthetix, while they are OGs, are restricted to a single chain. Their deployments on 1 or 2 other chains are isolated deployments.
SYNTHR’s architecture is built for cross-chain synthetic assets and also dominance from the ground up. It’s basically #Synthetix on cross-chain steroids.
#Synthr focuses on interoperability and efficiency of cross-chain transfers, emphasizing the elimination of issues related to slippage and bridges.
Bullish?
@syRITWIK thank you for your explanation!
- Mainnet?
-😈
⌛️
#CrossChain $SNX #defi#omnichain#RWA
$ONDO - a leading #RWA project with a $4.16B market cap
$SNX - a synthetic assets protocol sitting at $579M market cap
Now, meet @synthr_io $SYNTH - Combining the power of #RWA and synthetic assets, yet sitting at just a $4M market cap.
Undervalued or hidden gem?